Aladdin Knowledge Systems Ltd. (ALDN)

[midastouch017]

>>Aladdin Knowledge Systems is a digital security business that provides solutions for digital rights management and internet security. One of their products, eToken, allows users to generate and provide secure storage for passwords, digital certificates, secure strong authentication, digital signing and encryption.
This data security is based on smart cards but requires no special readers.
The company has two headquarters, one in Tel Aviv and another in Arlington Heights, Illinois. It has customers all over the world, including corporations such as ExxonMobil and Adobe, and governmental agencies such as the US Department of Defense. The company has no debt and $73m in cash on the books. Over the past 12 months it has generated $12.5m in operating cash flow.
Check Point Software Technologies is another internet security business. Its products include firewalls and virtual private networks. Based in Ramat-Gan, Israel, and in Redwood City, California, it has been somewhat beaten up over the past year but remains a heavyweight in internet security. With more than $1bn in cash and zero debt, I am confident it will work out a way to expand successfully in the future.>>

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